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Nov 29, 2012
11/12
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obama does not care about economic growth. he cares about wealth transfers, redistribution. >> it's obvious that he's going to have to stand behind some significant changes in entitlements, and i think what they're asking him is what is your plan? >> there has to be an agreement. there has to be an agreement, i believe, that everybody knows what the possibilities are, so let's just do it. >> the work has to be done. that work is being done. everybody needs to, as the president said, agree to the principle, that compromise will require tough choices by each side. >> we have done our part. we have put revenues on the table, something that we didn't do two years ago during the debt ceiling negotiations. >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion, so that american families, american businesses, have some certainty going into next year. >> this is not -- the fiscal cliff is not about long-term solutions to anything. the fiscal cliff is not about solutions, period,
obama does not care about economic growth. he cares about wealth transfers, redistribution. >> it's obvious that he's going to have to stand behind some significant changes in entitlements, and i think what they're asking him is what is your plan? >> there has to be an agreement. there has to be an agreement, i believe, that everybody knows what the possibilities are, so let's just do it. >> the work has to be done. that work is being done. everybody needs to, as the president...
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Dec 4, 2012
12/12
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obama wouldn't sign a bill. >> they blast the house republican plan it's not likely that president obama will get to sign his own fiscal cliff plan since the republicans and democrats don't like it. the measure was defeated 99-nothing. west virginia senator says that both sides aren't going far enough when it comes to cuts. >> they are lower than what everyone says we need. all economists say we need minimum of $4 trillion or greater swing. >> i don't know how we got off-track of what we need to fix this. >> it will be tough for the 20 senate democrats facing re-election. such as begoch and maryland land and mark pryor from conservative states. the top republicans say the president's span not serious. >> comes out with a proposal to raise taxes by $1.6 trillion. has unlimited authority to borrow more money. >> chuck schumer says he prefers to set the bar at $1 million. they have smart cuts to ask the millionaires to pay their fair shares. $60% of americans want millionaires to pay more. >> democrats hope this addres addresses the estate tax. increase it from 35% to 40 packet and lower pr
obama wouldn't sign a bill. >> they blast the house republican plan it's not likely that president obama will get to sign his own fiscal cliff plan since the republicans and democrats don't like it. the measure was defeated 99-nothing. west virginia senator says that both sides aren't going far enough when it comes to cuts. >> they are lower than what everyone says we need. all economists say we need minimum of $4 trillion or greater swing. >> i don't know how we got off-track...
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Dec 7, 2012
12/12
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. >> tonight, president obama headed off to splash in the surf while the nation teters on a cliff. >> will the president stay in town through the course of these negotiations and forego any plans he has to take a holiday vacation? >> i think congress has a strong role to play here. as we've said all along, while we are getting closer and closer to the end of the year, how we achieve the deal here is not that complicated. we still believe we can make it happen. the president is focused very much on trying to make that happen. >> he actually wanted a deal that worked, something he's the only one that's going to have a pen that can sign that. >> you are the president of the united states. you have that mighty pen. you bailed out the banks. bail out the american people that don't have homes for holidays. >> i think no member of the house or the senate or the president should go on vacation before you have handled this. >> he has a vacation already planned? >> i know he does. >> there's simply no middle ground here at all. >> will the president stay in town through the course of these nego
. >> tonight, president obama headed off to splash in the surf while the nation teters on a cliff. >> will the president stay in town through the course of these negotiations and forego any plans he has to take a holiday vacation? >> i think congress has a strong role to play here. as we've said all along, while we are getting closer and closer to the end of the year, how we achieve the deal here is not that complicated. we still believe we can make it happen. the president is...
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Dec 5, 2012
12/12
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president obama continues to focus on the looming fiscal cliff. first the president will speak to and answer questions from members of the business round table an association of chief executive officers of leading u.s. companies. later in the day president obama will address a conference of native american tribal leaders. both groom groups say they are concerned about automatic tax increases and spending cuts that will kick in come january 1st if congress doesn't act. both republicans and democrats say -- with the wars in iraq and afghanistan ending, there is support for cutting back on military spending. but many lawmakers want to avoid the automatic across the board cuts and defense budget that will kick in january 1st if congress doesn't act. they would prefer to make strategic cuts. >>> nudist are planning a city against san francisco. against-- planning a protest against city hall. they had to cover half a dozen nudist. the board voted 6-5 for final approval of a ban on public nudity. >> there is no evidence anywhere in science or any kind of
president obama continues to focus on the looming fiscal cliff. first the president will speak to and answer questions from members of the business round table an association of chief executive officers of leading u.s. companies. later in the day president obama will address a conference of native american tribal leaders. both groom groups say they are concerned about automatic tax increases and spending cuts that will kick in come january 1st if congress doesn't act. both republicans and...
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Nov 29, 2012
11/12
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. >>> and yahoo ceo marissa mayer is meeting with president obama to discuss the fiscal cliff. we just got a picture from the white house. you can see mayer just barely there on the right-hand side -- on the left-hand side of the picture, bottom left-hand corner. she joined more than a dozen other business leaders at the white house today. mayer is also making headlines for her speech to an invite only crowd in palo alto last night. she said she juggles her priorities listing god, family and yahoo. adding, quote, the baby's been way easier than everyone made it out to be. so those have been the two really terrific surprises. the kid has been easier, and the job has been fun. >>> for the second straight day, heroic actions saved lives from a burning vehicle. the good samaritan in this case jesus hernandez saw an rv on fire in east san jose. it happened this morning, and he heard screams for help from that rv. he grabbed a garden hose and was able to open the door and help two women out of the rv. when firefighters showed up, they pulled out a 4 week old pit bullpuppy from the fi
. >>> and yahoo ceo marissa mayer is meeting with president obama to discuss the fiscal cliff. we just got a picture from the white house. you can see mayer just barely there on the right-hand side -- on the left-hand side of the picture, bottom left-hand corner. she joined more than a dozen other business leaders at the white house today. mayer is also making headlines for her speech to an invite only crowd in palo alto last night. she said she juggles her priorities listing god,...
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Dec 6, 2012
12/12
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do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with us. i'm tamron hall. we'll see you tomorrow. "the cycle" is up next. o think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the ban
do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with us. i'm tamron hall. we'll see you tomorrow. "the cycle" is up next. o think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price....
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Dec 2, 2012
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. >> jon: president obama talking stuff and standing his ground as america approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the conflicts in the middle east. and a british judge releases his report on the phone hacking scandal in the country and how did the media here react. and jay leno sees the light. >> this is very dangerous for the white house if they should start asking real questions. >> jon: on the panel this week, writer and fox news contributor judy miller. syndicated columnist, cal thomas. jim pinkerton, contributor. and kirsten powers. >> jon: i'm jon scott, fox news watch is on right now. ambassador susan rice asked for a face-to-face meeting with some of her most focal critics to make things better. the meeting took place and appears to have made things worse. >> rice herself asked for the meeting, but the effort to smooth things over didn't exactly work. >> for the first time she acknowledged her comments were wrong. >> susan rice has been depi depicted from everything as a thrown under
. >> jon: president obama talking stuff and standing his ground as america approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the conflicts in the middle east. and a british judge releases his report on the phone hacking scandal in the country and how did the media here react. and jay leno sees the light. >> this is very dangerous for the white house if they should start asking real questions....
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Nov 29, 2012
11/12
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funker oh the showdown on the fiscal cliff, president obama today met with middle class americans, corporate executives and he was urging supporters to use #my2k to determine how tax changes would affect them. an schmidt tweeted: >> do you think it's a good idea to go out to the people as the president is negotiating with congress. >> i personally am a big proponent of anytime you're blinging people into the halls of capitol hill, this is one of the most polarized congresses we have seen. compromise has not been king of the hill for sometime now. i'm not sure it works. last year, bringing public pressure to the payroll cut extension through congress. i'm not sure it works this time, but it's an innovative way to get folks engaged. >> of course all of this negotiation around the fiscal cliff, the president actually indicated today that he might be president-electable. he says he's not necessarily looking for income tax rates as high as they were under president clinton. secretary geithner is going to meet with congressional leaders tomorrow. do you think they will demonstrating some wiggle ro
funker oh the showdown on the fiscal cliff, president obama today met with middle class americans, corporate executives and he was urging supporters to use #my2k to determine how tax changes would affect them. an schmidt tweeted: >> do you think it's a good idea to go out to the people as the president is negotiating with congress. >> i personally am a big proponent of anytime you're blinging people into the halls of capitol hill, this is one of the most polarized congresses we have...
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Nov 30, 2012
11/12
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president obama offering his opening bid to avoid the fiscal cliff but it's not going over well at all with republicans. house speaker john boehner saying no progress has been made in negotiations. mike emanuel is live on capitol hill now. what are the republican complaints, mike, and how are they pushing back at the president? >> reporter: senator john john cornyn who is a member of the rupp leadership says he thinks president obama wants to go over the fiscal cliff by proposing higher taxes, no spending cuts and no plans to save entitlements. with president obama going to pennsylvania today, the house republican whip, kevin mccarthy's office put out a video profiling a small business nearby in pennsylvania that would get hurt by a tax hike. >> i'm jerry gorsky from an engineering company. however good or bad we do is my income. this notion of $250,000 being top 2% or the wealthy people in america ignores the way most small businesses work in america. >> reporter: i mentioned president obama is going out on the trail, if you will in pennsylvania to sell his arguments. one would expect
president obama offering his opening bid to avoid the fiscal cliff but it's not going over well at all with republicans. house speaker john boehner saying no progress has been made in negotiations. mike emanuel is live on capitol hill now. what are the republican complaints, mike, and how are they pushing back at the president? >> reporter: senator john john cornyn who is a member of the rupp leadership says he thinks president obama wants to go over the fiscal cliff by proposing higher...
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Dec 3, 2012
12/12
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unserious fiscal cliff proposal. is unserious a word? in john boehner's universe, i guess. >> as much of a word as flabbergasted is. >> bill: robert calls him the weeper of the house. kitty jon says says i started my campaign against boehner last week saying what you are discussing this morning. i don't plan to let up on it although i believe it falls on deaf ears. peter, how do people john campaign? >> peter: on twitter@speaker boehner. speaker.gov/contact, 202-225-0600, how to get in touch with speaker boehner >> bill: the message is simply at that time cut for 98% of the americans, lead or get out of the way. >> "the bill press show." >> yesterday we saw both sides accusing each other of not getting anything done. speaker john boehner said on fox news sunday, right now we are nor, period. here is let's take a look at treasury secretary timothy geithner on abc's "this week". >> this is no responsible wake we can govern this country with those low rates. they will have to go up. >> that's, of course referring to the
unserious fiscal cliff proposal. is unserious a word? in john boehner's universe, i guess. >> as much of a word as flabbergasted is. >> bill: robert calls him the weeper of the house. kitty jon says says i started my campaign against boehner last week saying what you are discussing this morning. i don't plan to let up on it although i believe it falls on deaf ears. peter, how do people john campaign? >> peter: on twitter@speaker boehner. speaker.gov/contact, 202-225-0600, how...
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Dec 5, 2012
12/12
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dedicated themselves to one thing only and that's preventing obama from getting anything done. they need to shed that label. they've got enough problems in the demographic changes in our society. on the other hand, the president while in a strong position wants to get something done. history and the american people are not going to judge him on the basis that someone else kept me from doing it. they're going to judge him on the basis of what did he get done, and this can be done for the sake of the country in a way that does not irrevocably shatter anyone's principles but represents a common sense compromise, good for the country and therefore, good for both sides. >> interesting. senator mitchell, appreciate your time. thanks. >> thanks. >>> you heard senator mitchell say republicans need to shed the obstructionist label. two of them are joining me right now. cnn contributor eric erickson chief of redstate.com and republican strategist rich galen, former press secretary to newt gingrich and dan quayle. you say republicans are spending too much time trying to look reasonable bu
dedicated themselves to one thing only and that's preventing obama from getting anything done. they need to shed that label. they've got enough problems in the demographic changes in our society. on the other hand, the president while in a strong position wants to get something done. history and the american people are not going to judge him on the basis that someone else kept me from doing it. they're going to judge him on the basis of what did he get done, and this can be done for the sake of...
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, folks who are closely watching this fiscal cliff drama. paula? rob? >> drama, indeed. tahman bradley, live in washington. thanks, tahman. >>> and a top republican may be among president obama's choice for his reshuffled cabinet. former senator chuck hagel of nebraska is said to be on the short list for secretary of defense. the president is expected to announce his nominees in the next two weeks. >>> and looking frail and also in a wheelchair, former senator bob dole made a surprise appearance last night on capitol hill, just days after being released from the hospital. dole was pushing for passage of a u.n. treaty guaranteeing equal rights for the disabled. but his efforts were in vain. republicans blocked approval of the treaty, saying it threatens national sovereignty. >>> also, a political passing announced overnight. long-time texas congressman, jack brooks has died. you can see brooks in this very famous photograph of lbj being sworn in as president aboard air force one. he is standing just behind a grief-stricken jackie kennedy. bro
, folks who are closely watching this fiscal cliff drama. paula? rob? >> drama, indeed. tahman bradley, live in washington. thanks, tahman. >>> and a top republican may be among president obama's choice for his reshuffled cabinet. former senator chuck hagel of nebraska is said to be on the short list for secretary of defense. the president is expected to announce his nominees in the next two weeks. >>> and looking frail and also in a wheelchair, former senator bob dole...
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Dec 3, 2012
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the 12 days of cliffness. president obama and treasury secretary to make his case while the president himself negotiators his kay way through 18 holes and a black tie bash. speaker boehner sums up with where things are with the word of the week, nowhere. a big fight brewing over republicans ratifying a u.n. treaty to help people with disabilities that's based on a u.s. law signed by a republican president. find out how a republican attorney general plan to overcome the opposition. >> president obama pile on praise that sounds like anything but. a farewell for hillary clinton. i'm fighting a fiscal cough, so pardon that. if it's always darkest. it's clear the white house-re house-republican leaders, both sides appear to be very far apart, saluting kennedy center honorees from dustin hoffman to led zeppelin and hitting the golf links with former president bill clinton. the guy with whom he will have to make a deal to end the standoff on the fiscal cliff house speaker john boehner requested time on fox news to pu
the 12 days of cliffness. president obama and treasury secretary to make his case while the president himself negotiators his kay way through 18 holes and a black tie bash. speaker boehner sums up with where things are with the word of the week, nowhere. a big fight brewing over republicans ratifying a u.n. treaty to help people with disabilities that's based on a u.s. law signed by a republican president. find out how a republican attorney general plan to overcome the opposition. >>...
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Dec 1, 2012
12/12
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this fiscal cliff though is not child's play. it's just 33 days away and today, president obama's visit to a toy factory in pennsylvania had everyone acting a bit childish. >> i've been keeping my own naughty and nice lists. >> we're not interesting in playing. >> i wasn't going to have him building roller coasters all day long. >> sure, who doesn't want to be a kid again, but washington, you have real work to do. a looming fiscal cliff and what are we hearing? as jeff sessions says -- >> a lot of flimflam. >> flimflam. we told you last night that tim geithner hopscotched his way down pennsylvania avenue to bring the president's proposal from the white house to capitol hill and instead of offering compromise, he leapt to the extreme. his plan taxes $1.6 trillion of taxes. higher tax rates on people, families making more than $250,000 as well as closing loopholes, limiting deductions, raising the estate tax rate and increasing the taxes on capital gains and dividends and the plan spends nearly $200 billion. another stimulus packag
this fiscal cliff though is not child's play. it's just 33 days away and today, president obama's visit to a toy factory in pennsylvania had everyone acting a bit childish. >> i've been keeping my own naughty and nice lists. >> we're not interesting in playing. >> i wasn't going to have him building roller coasters all day long. >> sure, who doesn't want to be a kid again, but washington, you have real work to do. a looming fiscal cliff and what are we hearing? as jeff...
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Dec 5, 2012
12/12
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. >> the fiscal cliff crisis and president obama saying it could all be over in a week if republicans would get on board with his plan. of course, republicans argue he is the one refusing to budge. jut more bickering as we get closer and closer to a potential economic disaster. by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls for a higher tax rate on earned income exceeding $250,000 and republicans say that would be a job killer. though are pushing for raise revenue by closing tax loopholes and deductions, something that the president says would not raise enough cash. wendell is live with more on the white house. how much much revenue would the president's plan raise by raising the tax rates for high earners? >> about $1 trillion the next 10 years from the rate increase. that is just part of a package that also includes limits on deductions and tax credits and aims to pull in a total of $1.6 trillion. republicans want to
. >> the fiscal cliff crisis and president obama saying it could all be over in a week if republicans would get on board with his plan. of course, republicans argue he is the one refusing to budge. jut more bickering as we get closer and closer to a potential economic disaster. by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls...
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Dec 5, 2012
12/12
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deal with the so called fiscal cliff. ktvu's rita williams reports on the court of public opinion and why it may not be enough. >> reporter: what do you think? will the president in congress send the country plunging over the fiscal cliff. >> i don't think they'll reach it. i don't know what they will do then. >> i am hoping and praying they do. come together. >> i am hoping it will be by the end of the year. >> do you think they will reach an agreement or not? >> i don't. >> reporter: a poll shows more americans think they will not agree. 49 to 40%. and if they don't an automatic spending cuts and tax increases take effect. americans by two to one say they will blame republicans more than the president. but that didn't stop both sides from criticizing the others proposals. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work there. >> when you look at the map it doesn't work. >> reporter: an attempt take place in january. >>> we want to ask him abo
deal with the so called fiscal cliff. ktvu's rita williams reports on the court of public opinion and why it may not be enough. >> reporter: what do you think? will the president in congress send the country plunging over the fiscal cliff. >> i don't think they'll reach it. i don't know what they will do then. >> i am hoping and praying they do. come together. >> i am hoping it will be by the end of the year. >> do you think they will reach an agreement or not?...
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dennis: president obama pushing the fiscal cliff to the business leaders. cheryl: speaker john boehner is getting an earful saying he is caving. rich edson is in washington with more. >> perhaps folks in washington are thinking maybe these two sides will get down to actually doing sometime soon but they say that is noo happening right now. house speaker john boehner said he's willing to sit down and talk to the president. we asked the white house if they plan on calling the speaker of the house inviting him over for a phone call, the white house hasn't responded to that question. coming down to two objects. >> if all you're relying on his closing exceptions and loopholes. let me amend that. it is not wise to do as a practical matter. >> they will come from guess who. the rich. there are ways to limit the options, close the polls and have them pay more of their money to the federal government without raising tax rates. >> that seems to be the key to this entire fiscal cliff mess. president obama saying the roundtable was struck by ceo's willingness to pay hi
dennis: president obama pushing the fiscal cliff to the business leaders. cheryl: speaker john boehner is getting an earful saying he is caving. rich edson is in washington with more. >> perhaps folks in washington are thinking maybe these two sides will get down to actually doing sometime soon but they say that is noo happening right now. house speaker john boehner said he's willing to sit down and talk to the president. we asked the white house if they plan on calling the speaker of the...
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Dec 5, 2012
12/12
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deal with the so called fiscal cliff. ktvu's rita williams reports on the court of public opinion and why it may not be enough. >> reporter: what do you think? will the president in congress send the country plunging over the fiscal cliff. >> i don't think they'll reach it. i don't know what they will do then. >> i am hoping and praying they do. come together. >> i am hoping it will be by the end of the year. >> do you think they will reach an agreement or not? >> i don't. >> reporter: a poll shows more americans think they will not agree. 49 to 40%. and if they don't an automatic spending cuts and tax increases take effect. americans by two to one say they will blame republicans more than the president. but that didn't stop both sides from criticizing the others proposals. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work there. >> when you look at the map it doesn't work. >> reporter: an attempt take place in january. >>> we want to ask him abo
deal with the so called fiscal cliff. ktvu's rita williams reports on the court of public opinion and why it may not be enough. >> reporter: what do you think? will the president in congress send the country plunging over the fiscal cliff. >> i don't think they'll reach it. i don't know what they will do then. >> i am hoping and praying they do. come together. >> i am hoping it will be by the end of the year. >> do you think they will reach an agreement or not?...
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Nov 29, 2012
11/12
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to reach out to republicans in order to avoid the fiscal cliff. president obama first invited romney on election night when romney called to concede and the romney adviser said it is very gracious and the right thing to do. no aides will be present at today's meeting. the two will speak one on one. even though the two parties are saying they are willing to reach across the aisle during fiscal cliff negotiations, we're not seeing much in terms of a deal. the latest roadblock is the cost of federal retirement programs. republicans are staying is up to the president to cut back on medicare medicaid and social security but democrats want entitlement programs completely off the table. today, the white house is sending treasury secretary timothy geithner and congressional negotiator rob neighbor to capitol hill where they will lay out their proposal with speaker boehner. more bill press is coming up after the break. as always, we're live in our chat room and would love to see you there. current.com/billpress. we're right back. you're about to watch a vi
to reach out to republicans in order to avoid the fiscal cliff. president obama first invited romney on election night when romney called to concede and the romney adviser said it is very gracious and the right thing to do. no aides will be present at today's meeting. the two will speak one on one. even though the two parties are saying they are willing to reach across the aisle during fiscal cliff negotiations, we're not seeing much in terms of a deal. the latest roadblock is the cost of...
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Dec 2, 2012
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. >>> president obama pushed lawmakers to prevent the so- called fall off the fiscal cliff. >> every family will see their income taxes automatically go up. a typical middle-class family of four will see taxes rise by $2200. >> the president taped his address yesterday during a visit to a toy factory in hatfield, pennsylvania. he said allowing taxes to rise for the middle-class would amount to a lump of coal for americans at christmas time. >>> mexican president-elect enrique pena nieto took office today talking about the challenges that face his nation. >> we are a nation that is going at two different speeds one that is progress and development, but there is another mexico, that lives in the abandonment and poverty. >> president nieto says the inauguration marked the return of the institutional revolutionary party after 12 years out of presidential mansion. at least four demonstrators and four police officers were injured. 65 people were arrested. those opposed to mr. nieto says he used handout and giveaways to sway voters. . >>> authorities say a linebacker for the kansas city chi
. >>> president obama pushed lawmakers to prevent the so- called fall off the fiscal cliff. >> every family will see their income taxes automatically go up. a typical middle-class family of four will see taxes rise by $2200. >> the president taped his address yesterday during a visit to a toy factory in hatfield, pennsylvania. he said allowing taxes to rise for the middle-class would amount to a lump of coal for americans at christmas time. >>> mexican...
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. >> reporter: right now it's looking more likely that we could, could, go over that fiscal cliff at the end of the month because right now, negotiations here are at a stand still. president obama talks to the business round table today after telling bloomberg he absolutely won't bunch. the wealthiest americans must pay more. >> we're not going to be able to get a deal without it. >> reporter: he may be in a good position to wait it out. a new poll found more half of americans will blame republicans if we go over the fiscal cliff. >> republicans do not want to touch one hair on the head of one person making over $250,000. that is the rub. >> they've got to come with some specific revenue. they refuse to do that. >> reporter: even other republicans are split on john boehner's plan to avoid tax hikes all together and admit negotiations are going nowhere. >> nothing going on privately that's not going on publicly. >> reporter: republicans say the president needs to meet them halfway. >> he's got to be serious. he's offered more spending, more stimulus than offering any new cuts. >> repo
. >> reporter: right now it's looking more likely that we could, could, go over that fiscal cliff at the end of the month because right now, negotiations here are at a stand still. president obama talks to the business round table today after telling bloomberg he absolutely won't bunch. the wealthiest americans must pay more. >> we're not going to be able to get a deal without it. >> reporter: he may be in a good position to wait it out. a new poll found more half of americans...
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. >> tea party two will dwarf tea party one if obama pushes us off the cliff. >> that's like say anaconda two will dwarf anaconda one. the sequel will be more intense. a poll find out last week that they found a majority of americans will blame the republicans in congress not the president for failure to make the deal. as we hear what grover says you see at any time other way. you say it will be the democrats. >> it could be. depending on what happens. if they keep posturing we can go off the fiscal cliff it won't be such a big deal i don't think that's where most democrats will end up. you they are president and a lot of people down in washington saying they don't want to go off the fiscal cliff. as far as grover norquist notices, i don't think republicans should be caving to a special interest of one, frankly. we do see some brave republicans coming out there and they should be supported because they are about finding a solution. >> i want to show this tomb the president playing golf with former president bill clinton. how much do you think fiscal cliff was coming up during their golf r
. >> tea party two will dwarf tea party one if obama pushes us off the cliff. >> that's like say anaconda two will dwarf anaconda one. the sequel will be more intense. a poll find out last week that they found a majority of americans will blame the republicans in congress not the president for failure to make the deal. as we hear what grover says you see at any time other way. you say it will be the democrats. >> it could be. depending on what happens. if they keep posturing...
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let's play it. >> tea party 2 is going to dwarf ta tea party 1 if obama pushes us off the cliff. >> this was in reference to the president. he's threatening we will see a new, stronger tea party if we go off the cliff. >> yes. grover norquist also predicted an overwhelming victory by mitt romney and was proven wrong then, too. i think he and other republicans are playing a very dangerous game with their own political futures by failing to see the connection between this situation and the situation we were in around 1995 when there was a government shutdown. republicans thought they could drive this to the bitter end, and what happened? the american voters actually blamed them, the republicans, for what happened. i think it's a pattern in american politics when things happen that are, in effect, harmful government shutdowns, if you will, or breakdowns of process, the blame usually ends up on the side of the obstructionists in the republican party. i think there are enough republicans who want to win re-election who see that the strategy of obstruction failed them in this last election. th
let's play it. >> tea party 2 is going to dwarf ta tea party 1 if obama pushes us off the cliff. >> this was in reference to the president. he's threatening we will see a new, stronger tea party if we go off the cliff. >> yes. grover norquist also predicted an overwhelming victory by mitt romney and was proven wrong then, too. i think he and other republicans are playing a very dangerous game with their own political futures by failing to see the connection between this...
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when we go over the cliff as matter of law the obama tax cuts expire. we have sequestration where these drastic cuts take place but the president politically knows that even if it a deal is made in january, february on spending they can be made retroactively. so the president believes he is in a much better position on spending than he is today in making a deal because any deal that they make will be retroactive. adam: let me flip your logic. do you think politically i don't think it would be good economically, politically good for the republicans to call the bluff, go over the cliff. yes, there is short-term pain come 2014, midterm's election the president's economy. the president gets responsibility for what happens after the cliff drops. wouldn't that be the political move to make if you're john boehner? >> we really have no choice. president is in the driver's seat and boehner is hostage in the back seat with the president with his foot on the gas. nothing the speaker can do, other than perhaps, i think it would be politically wise for the house to
when we go over the cliff as matter of law the obama tax cuts expire. we have sequestration where these drastic cuts take place but the president politically knows that even if it a deal is made in january, february on spending they can be made retroactively. so the president believes he is in a much better position on spending than he is today in making a deal because any deal that they make will be retroactive. adam: let me flip your logic. do you think politically i don't think it would be...
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that's the fiscal cliff as we face the deadline. the president gave a speech that struck me. let's listen to what barack obama had to say. >> i want you to call, i want you to spend an e-mail, post on their facebook wall. if you tweet then use the hashtag we're calling my2k. it's about your 2k in your pocket. >> that's a reference to the administrati administration's argument that if congress does nothing the average middle class will lose $2,000 a year. i'm just struck the president is using this twitter hash tag. >> i guess it's the new call your congressman and let him know how you feel. i'm not sure it's going to increase pressure on republicans. it's going to make the president's core support eers fl engaged after the race is over. i have hard time to believe the republicans will be worried about the number of tweets. >> they've tried to fight back. they bought this my2k, so when you search you get the heritage take on it. social media platform is not to be minimized. >> the study has proven that facebook can increase voter turn out. we will know if the white house has r
that's the fiscal cliff as we face the deadline. the president gave a speech that struck me. let's listen to what barack obama had to say. >> i want you to call, i want you to spend an e-mail, post on their facebook wall. if you tweet then use the hashtag we're calling my2k. it's about your 2k in your pocket. >> that's a reference to the administrati administration's argument that if congress does nothing the average middle class will lose $2,000 a year. i'm just struck the...
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tea party two is going to dwarf tea party one if obama pushes us off the cliff. >> there's a doctor strang love. how many republicans will be willing to stand up to that threat. david corn is here to talk about it, the washington bureau chief for mother joins and the author of "47 percent" he's a member of the gridiron society and john feehery is a republican strategist. grover, you're playing defense here. one man elected to nothing. the fact that saxby chambliss comes up, i don't have to live up to some pledge i made 20 years ago and calls up and has grover on the phone going through the transcript of what he said and he's apologizing for each segment as it. what's going on? a senator has to kiss butt to this guy? >> i have known grover for a long time and i like him and he representing -- >> you're afraid of him too. >> i'm not afraid of him. he represents a cause and he's been amazingly successful because taxes have gone down for a long time because of grover. what do we nou because taxes are automatically going up. republicans understand if you have to cut a deal, you have to cut a de
tea party two is going to dwarf tea party one if obama pushes us off the cliff. >> there's a doctor strang love. how many republicans will be willing to stand up to that threat. david corn is here to talk about it, the washington bureau chief for mother joins and the author of "47 percent" he's a member of the gridiron society and john feehery is a republican strategist. grover, you're playing defense here. one man elected to nothing. the fact that saxby chambliss comes up, i...
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obama administration bites and says, yeah, we're prepared to go off the fiscal cliff. >>> roger goodell, the commissioner football fans love to hate. there's a softer, gentler side of goodell. seriously. the nfl commissioner you don't know. "newsroom" starts now. >>> good morning. thank you so much for joining me. i'm carol costello. smoke 'em if you got 'em. recreational marijuana is officially legal in washington state. shall we say a rather mellow celebration at seattle's space needle? pot smokers lit up like it was new year's eve. new voter approved initiative went into effect midnight. this pot party technically, is illegal. wz's law bans smoking pot in public places. for now the seattle police department is turning a blind eye. this notice was sent to all officers last night. until further notice officers shall not take any enforcement action, other than to issue a verbal warning, for a violation of initiative 502. miguel marquez is in seattle. you were there at midnight for the big party, when the law went into effect. what was it like? >> reporter: well, it was a lot of pot bein
obama administration bites and says, yeah, we're prepared to go off the fiscal cliff. >>> roger goodell, the commissioner football fans love to hate. there's a softer, gentler side of goodell. seriously. the nfl commissioner you don't know. "newsroom" starts now. >>> good morning. thank you so much for joining me. i'm carol costello. smoke 'em if you got 'em. recreational marijuana is officially legal in washington state. shall we say a rather mellow celebration at...
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Nov 29, 2012
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and president obama is sending the treasury secretary to argue about the fiscal cliff. and we talk to a reasonable democrat, why the president doesn't just lead. plus, a major incentive to buying the house, the mortgage interest deduction, it costs the federal government a lot of money, that deduction is on the table in those talks, got it? next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain ickly. try fast, long lasting gaviscon®. i heard you guys can ship ground for less than the ups store. that's right. i've learned the ly way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiy stress. save on ground shipping at fedex office. stuart: one of the biggest incentive to buying a home, mortgage interest deduction. it is on the table in the fiscal cliff tops. that deduction costs the federal government $100 billio
and president obama is sending the treasury secretary to argue about the fiscal cliff. and we talk to a reasonable democrat, why the president doesn't just lead. plus, a major incentive to buying the house, the mortgage interest deduction, it costs the federal government a lot of money, that deduction is on the table in those talks, got it? next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier...
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should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaigned to tax the wealthiest 2%, i wonder how those same people who responded in this poll would respond if they had to choose between what they voted for or the compromise they would want to see. do you have a feeling there? >> bottom line from the poll is that overwhelming majority of the american people want both sides to compromise. they don't want to go over the fiscal cliff. they don't necessarily think the difference is separating these two sides are unbridgeable or unrealistic. they can work out a deal. they have to be adults and be serious and make concessions to the other side and you won't get 100% of what you want. that's the art of compromise. in order to avoid a disaster, the mandatory spending cu
should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaigned to tax the wealthiest 2%, i wonder how those same people who responded in this poll would respond if they had to choose between what they voted...
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and shareholders, including one of president obama's biggest backers, who is cashi [ male announcer ] we all make bad decisions. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. >> the president who has covered the backs of businesses. a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. and that's why i'm here tonight supporting president obama. >> paul: that was costco co-founder and former ceo at the democratic national convention in september, saying that president obama will be better for business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the
and shareholders, including one of president obama's biggest backers, who is cashi [ male announcer ] we all make bad decisions. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's...
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we're getting our first look tonight at president obama's proposal and the republican reaction. major garrett is at the white house for us tonight. major. >> reporter: scott, the first hard numbers from the white house to resolve the fiscal cliff crisis landed with a thud on capitol hill. congressional republicans called it an insulting joke. here's the big picture-- $4 trillion of deficit reduction over the next 10 years. it includes $1.6 trillion in higher taxes on households make manage more than $250,000. there's also $400 billion in cuts to entitlement programs, like medicaid and medicare, as well as others. there is also fresh new aending. $50 billion next year in stimulus spending, all for infrastructure. the white house calls this an opening bid. house republicans call it a rehash of old ideas and also object to the idea of a white house asking a permanent legislative remedy to raising the debt ceiling, all of it, the republicans say rather, is unacceptable. now much of this was conveyed in a 28-minute phone conversation yesterday between president obama and house speake
we're getting our first look tonight at president obama's proposal and the republican reaction. major garrett is at the white house for us tonight. major. >> reporter: scott, the first hard numbers from the white house to resolve the fiscal cliff crisis landed with a thud on capitol hill. congressional republicans called it an insulting joke. here's the big picture-- $4 trillion of deficit reduction over the next 10 years. it includes $1.6 trillion in higher taxes on households make...
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Dec 5, 2012
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we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter
we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could...
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when we come back, the pr inspect of the tax cliff is already affecting the behavior of some companies and shareholders, including one of president obama's biggest backers, who is cashing out before rates go up. the details are next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#:
when we come back, the pr inspect of the tax cliff is already affecting the behavior of some companies and shareholders, including one of president obama's biggest backers, who is cashing out before rates go up. the details are next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now...
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but i'm guessing with the way the fiscal cliff negotiations are going the estimated $852 quadrillion dollars of funding needed for one alone just isn't in the cards. dog gone it. i'm going to sign up tonight. >>> can both parties reach an agreement ones fiscal cliff? 40% of you say yes, 60% say no. >>> coming up, this could be one of the dumbest votes the republicans have ever cast in the history of the senate. we'll talk about the big win and the emotional reaction from moderates. that's next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medica
but i'm guessing with the way the fiscal cliff negotiations are going the estimated $852 quadrillion dollars of funding needed for one alone just isn't in the cards. dog gone it. i'm going to sign up tonight. >>> can both parties reach an agreement ones fiscal cliff? 40% of you say yes, 60% say no. >>> coming up, this could be one of the dumbest votes the republicans have ever cast in the history of the senate. we'll talk about the big win and the emotional reaction from...
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Nov 29, 2012
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with the so-called fiscal cliff looming mr. obama sends chief negotiator treasury secretary tim gheiter for individual meetings with each member of the conditioningal leadership which includes speaker john boehner, perhaps the most important player here. the meetings mark the beginning of the real negotiations. that doesn't mean the posturing stage is behind us. one capitol hill veteran, former fdic, sheila bair, a long-time staffer by the way who butted heads with geithner in the past, made this interesting observation to david gregory about tim geithner saying he's not the right guy for the white house to be sending in for these talks. >> do you think tim geithner, secretary geithner is the right person to lead the negotiations for the administration sf. >> i don't know. i don't think this is tim's strong suit. i think tim was given the job of treasury secretary because he understood the banking system. he's not a budget guy. he's not a tax guy. he's never really worked in this sphere. >> geithner is leading these talks for t
with the so-called fiscal cliff looming mr. obama sends chief negotiator treasury secretary tim gheiter for individual meetings with each member of the conditioningal leadership which includes speaker john boehner, perhaps the most important player here. the meetings mark the beginning of the real negotiations. that doesn't mean the posturing stage is behind us. one capitol hill veteran, former fdic, sheila bair, a long-time staffer by the way who butted heads with geithner in the past, made...